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Figure 5-13 -​ According to Figure 5-13, If the Price of Good

Question 199

Multiple Choice

Figure 5-13
Figure 5-13 -​ According to Figure 5-13, if the price of good X falls, the optimal combination will move A) from U <sub> 1 </sub> to a point on a higher indifference curve, such as U <sub> 3 </sub> . B) from U <sub> 2 </sub> to a point on a higher indifference curve, such as U <sub> 3 </sub> . C) from U <sub> 1 </sub> to a point on a higher indifference curve, such as U <sub> 2 </sub> . D) from U <sub> 2 </sub> to a point on a higher indifference curve, such as U <sub> 1 </sub> .
-​ According to Figure 5-13, if the price of good X falls, the optimal combination will move


A) from U 1 to a point on a higher indifference curve, such as U 3 .
B) from U 2 to a point on a higher indifference curve, such as U 3 .
C) from U 1 to a point on a higher indifference curve, such as U 2 .
D) from U 2 to a point on a higher indifference curve, such as U 1 .

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